Long/Short Equity, Dynamic Trend Following, Option Tradnig
Contributor Since 2008
OK, a little hyperbole. Nonetheless, a break of the Wave 4 Channel coincident with a Stochastic sell signal will generate a 70% probability of the DJIA falling to the 11000 area in the weeks ahead. I know about the bullish seasonality, it's all over CNBC, Bloomberg TV and Fox Business. With such a sweeping consensus, how could the market possibly go down in December?